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Godawari Power and Ispat Ltd

₹ 2760.60%
07 Jan – close price
🔗godawaripowerispat.com•BSE: 532734•NSE: GPIL
Market Cap₹ 18,463 Cr.
Current Price₹ 276
High / Low₹ 290
Stock P/E23.4
Book Value₹ 75.4
Dividend Yield0.36 %
ROCE23.4 %
ROE17.1 %
Face Value₹ 1.00
Sales₹ 4,647 Cr.
OPM22.4 %
Mar Cap₹ 18,463 Cr.

ABOUT

Godawari Power & Ispat is mainly engaged in the business of Mining of Iron Ore and Manufacturing of Iron Ore Pellets, Sponge Iron, Steel Billets, Wire Rods, H.B. Wire and Ferro Alloys with generation of Electricity.

KEY POINTS

Captive Iron Ore Mines:[1]Co has 2 captive mines- Ari Dongri Mine(2.35 mn MTPA) & Boria Tibu Mine (0.7mn MTPA) with 165MnT Reserves and 35+ years of mine life.[2]GPIL sources 85% of its iron ore needs captively from its mines for the production of steel.Captive mining leads to huge raw material costs saving.[3]Subsidiary-ASL has to rely on merchant mines for its RM needs.

Also present in buckets:
Aggressive Growth TriggersAggressive Growth TriggersExcellent ResultsAsset Base ExpansionCapacity Expansion And ProductsCapacity Expansion And ProductsPreferential IssuanceJv Partnerships AcquisitionsRevenue Guidance Vs ActualsCredit Rating UpdatesRed Flags And Poor Performance

Peer Comparision

S.No.NameCurrent Price (Rs.)Price to EarningMarket Capitalization (Rs.Cr.)Dividend yield (%)Net Profit latest quarter (Rs.Cr.)YOY Quarterly profit growth (%)Sales latest quarter (Rs.Cr.)YOY Quarterly sales growth (%)Return on capital employed (%)Sales (Rs.Cr.)OPM (%)Profit after tax (Rs.Cr.)Profit after tax latest quarter (Rs.Cr.)Price to book valueReturn on assets (%)Debt to equity
1.APL Apollo Tubes1949.8051.6354150.150.29301.54460.385206.309.0622.3621317.407.401048.79301.5411.7510.020.16
2.Shyam Metalics827.1023.8023098.090.54260.4521.474457.0222.6512.0516767.7312.46970.37261.762.105.920.10
3.Welspun Corp790.6511.7520851.320.63443.5148.674373.6132.4621.2415463.5813.001773.93439.682.548.930.19
4.Godawari Power275.7023.4018462.890.36248.4060.711142.574.2223.414647.3522.36789.14248.403.6614.260.03
5.Ratnamani Metals2278.1026.3215962.420.61156.0435.691191.6922.6921.515374.7616.84606.49136.224.1212.110.06
6.Usha Martin453.9032.8213850.500.66109.8016.20907.561.8418.753551.3716.89421.99127.504.6711.500.09
7.Gallantt Ispat L567.5527.7313665.000.2288.9381.901012.757.4519.204331.0017.56492.7088.934.4111.960.21
–Median: 82 Co.161.022.71926.780.010.4614.84201.638.9613.98739.18.3533.8310.522.36.80.26

Quarterly Results

Standalone figures in ₹ crores

Dec 2022Dec 2023Dec 2024Jun 2023Jun 2024Jun 2025Mar 2023Mar 2024Mar 2025Sep 2022Sep 2023Sep 2024Sep 2025
Sales
1,3781,2141,0951,2071,1941,1341,2231,4031,2761,2011,2181,0961,143
Expenses
1,1918908959058038369411,082980962857866898
Operating Profit
187324201302391298282320296239361230244
Other Income
342122372824252827262124115
Profit before tax
173296180299373270264298274228342209313
Tax %
27%23%25%25%26%26%27%30%25%23%25%26%21%
Net Profit
126229136224275200192209204176256155248
EPS in Rs
1.793.362.033.294.043.002.723.083.062.503.772.313.71

Profit & Loss

Standalone Figures in ₹ Crores / Yearly

Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025TTM
Sales
1,5371,9261,5351,5442,1112,8552,7583,6325,0725,2785,0324,6564,647
Expenses
1,3251,6631,3851,3811,6782,2352,3182,5883,2914,1353,7253,5383,608
Operating Profit
2122631501634326204401,0441,7811,1421,3071,1181,039
Other Income
241612143336811798107102189
Interest
1151451631771851821541101746524747
Depreciation
6766737889919296102117127137144
Profit before tax
5569-75-781613501989061,7791,0781,2351,0361,037
Net Profit
5662-48-771822131216261,351798917770789
EPS in Rs
0.850.95-0.74-1.102.583.031.728.8819.1711.3313.5011.5011.80
Dividend Payout %
15%5%-0%-0%-0%-0%-0%10%14%7%7%19%–

Compounded Profit Growth

10 Years:29%
5 Years:45%
3 Years:-16%
TTM:-9%

Compounded Sales Growth

10 Years:9%
5 Years:11%
3 Years:-3%
TTM:-5%

Return on Equity

10 Years:23%
5 Years:27%
3 Years:21%
Last Year:17%

Stock Price CAGR

10 Years:55%
5 Years:60%
3 Years:52%
1 Year:33%

Balance Sheet

Standalone figures in ₹ crores

Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Sep 2025
Equity Capital
33333234343434346868666565
Reserves
7327886996518331,0431,1631,7723,0263,6944,2544,5924,986
Borrowings
1,1821,1891,3301,5511,4991,3201,210534396143-0260162
Other Liabilities
293521481153217266219461793759807738639
Total Liabilities
2,2402,5302,5412,3892,5842,6632,6272,8014,2824,6655,1275,6545,852
Fixed Assets
1,2481,3391,3621,4351,4081,4251,4721,4061,3821,7471,9202,2762,274
Gross Block
1,575.981,736.451,435.191,584.771,646.791,749.221,886.541,902.121,975.062,456.302,763.293,246.90–
Accumulated Depreciation
328.01396.9772.74149.62238.88324.44414.72495.91593.03709.36843.71971.09–
CWIP
651141655989455354416240342334525
Investments
289294276280281348346341341689646913947
Other Assets
6387827386158068467569992,1421,9882,2192,1302,106
Total Assets
2,2402,5302,5412,3892,5842,6632,6272,8014,2824,6655,1275,6545,852

Cash Flows

Standalone Figures in ₹ Crores / Yearly

Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Cash from Operating Activity
233365159-753234803968011,2701,0911,087851
Cash from Investing Activity
-273-219-127-5-100-125-1329-1,050-285-808-399
Cash from Financing Activity
39-142-2176-237-361-263-804-221-419-554-243
Net Cash Flow
-2412-5-14-716-1388-275209

Ratios

Standalone Figures in ₹ Crores / Yearly

Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Debtor Days
18222017191621272118137
Inventory Days
10692128921081211011051227993103
Days Payable
72121143344039294176556054
Cash Conversion Cycle
53-85758697929167434656
Working Capital Days
-6-27-72553745475335374735
ROCE %
9%11%4%5%15%22%15%40%58%30%31%23%

Shareholding Pattern

Numbers in percentages

Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025
Promoters
67.50%67.50%67.68%63.26%63.26%63.26%63.26%63.49%63.51%63.51%63.48%63.51%
FIIs
3.01%3.39%3.64%4.66%5.41%5.54%7.50%7.39%7.11%6.58%6.51%6.63%
DIIs
0.75%1.06%1.11%1.52%2.09%2.08%1.96%1.56%1.90%2.43%2.67%2.43%
Public
28.73%28.05%27.57%30.56%29.23%29.12%27.27%27.54%27.48%27.47%27.34%27.44%

* The classifications might have changed from Sep'2022 onwards.ℹ️

BSE Announcements AI Summary

Direct from BSE filings, auto-summarised

Indian Markets Surge: Sensex Crosses 78,000, Nifty Tops 24,200; Veerhealth Care Submits Postal Ballot Notice

16th April 2026, 10:29 pm

GPIL Invests ₹350 Crore in Subsidiary GNEPL for 20 GWh Battery Storage Plant

15th April 2026, 11:58 pm

Godawari Power & Ispat Management to Participate in TV Interview

14th April 2026, 10:27 pm

Godawari Power subsidiary inks 5-year LFP cell supply deal for 20 GWh BESS project with China's EVE Power

13th April 2026, 11:16 pm

Godawari Power & Ispat Submits SEBI Dematerialization Certificate

8th April 2026, 11:16 pm

Published by Other Websites

External media mentions & references

Godawari Power Surges 1.7% on ₹50 Cr Clean Energy Arm Infusion

16th April 2026, 10:19 am

Experts Pick Top 6 Stocks for April 16 Trading Rally

16th April 2026, 7:16 am

10+ Firms Active: Mega Contracts, M&A, and Investments Shake Up Markets

16th April 2026, 7:10 am

Stocks in Focus: LIC Bonus, Vedanta Tragedy, Adani Energy Milestone, REIT Deal

15th April 2026, 7:32 am

Technical Stock Breakouts Face Macro Risks and High Valuations

15th April 2026, 7:17 am

News Articles

Editorial & research coverage

Global Tech Rout, AI Race Overshadow Indian Earnings
Global Tech Rout, AI Race Overshadow Indian Earnings

6th February 2026, 7:18 am

Indian Manufacturing Expands Legal Leadership Amidst Complex Regulatory Landscape; Key Firms Show Robust Valuation
Indian Manufacturing Expands Legal Leadership Amidst Complex Regulatory Landscape; Key Firms Show Robust Valuation

22nd January 2026, 10:34 am

Godawari Power Surges 2% on Major ESG Upgrade: Is This India's Next Green Champion?
Godawari Power Surges 2% on Major ESG Upgrade: Is This India's Next Green Champion?

30th December 2025, 2:00 pm

Major Corporate Moves: Reliance Cricket Entry, Fintech Profit Surge, Rail Orders & Capacity Boosts Draw Investor Focus!
Major Corporate Moves: Reliance Cricket Entry, Fintech Profit Surge, Rail Orders & Capacity Boosts Draw Investor Focus!

4th December 2025, 6:36 am

CG Power and Industrial Solutions Faces ₹365 Crore Tax Demand; Renewable Energy Sector Sees Project Milestones
CG Power and Industrial Solutions Faces ₹365 Crore Tax Demand; Renewable Energy Sector Sees Project Milestones

20th November 2025, 7:16 am

Documents

Announcements

Successful Completion Of Presentation Before State Environmental Assessment Committee For Grant Of Environmental Clearance For Expansion Of Ari Dongri Iron Ore Mines From Existing 2.35 MTPA To 6 MTPA.

2h - Final presentation (07 Jan 2026) for EC to expand Ari Dongri mine 2.35→6 MTPA; lease area 138.96→213.01 Ha.

Announcement under Regulation 30 (LODR)-Allotment

2h - Allotment of 13,72,500 shares for Rs.25,21,96,875 upon warrants conversion on 07.01.2026.

Disclosure Under Regulation 30 Of The SEBI (LODR) Regulations, 2015.

1d - DGML fully repaid Rs.120 Crore loan with interest; termination agreement executed 06.01.2026.

Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

2 Jan - Management to attend Go India Top Ideas for 2026 conference, Mumbai, 8 Jan 2026 10:45–11:45 AM.

Updates Regarding To Act As Specific Investor In The Rights Issue Of Deccan Gold Mines Ltd (DGML).

31 Dec - Godawari Power will not subscribe to Deccan Gold Mines rights issue as it was oversubscribed (31 Dec 2025).

Annual Reports

Financial Year 2025

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Financial Year 2024

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Financial Year 2023

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Financial Year 2022

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Financial Year 2021

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Financial Year 2020

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Financial Year 2019

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Financial Year 2018

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Financial Year 2017

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Financial Year 2016

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Financial Year 2015

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Financial Year 2014

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Financial Year 2013

(from nse)

Financial Year 2013

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Financial Year 2012

(from bse)

Credit Ratings

Rating update

18 Dec 2024 from crisil

Rating update

20 Sep 2023 from crisil

Rating update

13 Dec 2022 from crisil

Rating update

21 Mar 2022 from fitch

Rating update

2 Mar 2022 from crisil

Rating update

8 Nov 2021 from care

Concalls

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Stock Analysis

Description

  1. HEG Ltd is a leading manufacturer and exporter of graphite electrodes in India, operating the largest single-site integrated graphite electrodes plant globally. It is part of the LNJ Bhilwara Group, which also has interests in IT Enabled services, power generation, and textiles.

Key Growth Triggers

  1. Expansion of graphite electrode capacity by 15,000 tonnes over the next 2.5 years, driven by increasing global demand for EAF steelmaking.
  2. Strategic diversification into battery anode materials with a 20,000 MTPA greenfield plant in Madhya Pradesh, targeting the EV and energy storage markets.
  3. Subsidiary's TACC Limited securing ₹1,230 crore credit facility from SBI for the anode material plant.

Order Book

  1. Currently no data available for Order Book.

Key Red Flags

  1. Receipt of SGST Show Cause Notices totaling ₹564.68 crore related to IGST refunds, though the company expressed confidence in dismissal.

Key Dates To Watch

  1. Board Meeting for Q3 FY26 & 9M FY26 Unaudited Financial Results: February 10, 2026.
  2. Trading Window Re-opens: February 13, 2026.

Corporate Announcements

16th Apr 26
Impact Rating: -
No description available.
15th Apr 26
Impact Rating: 8
Godawari Power & Ispat (GPIL) has increased its total investment in subsidiary GNEPL to ₹350 Crore for setting up a 20 GWh Battery Energy Storage System plant. A recent allotment of ₹50 Crore was made.
14th Apr 26
Impact Rating: 2
Godawari Power & Ispat Limited announced that its management team will participate in a television interview with business news channel NDTV Profit on Wednesday, April 15, 2026, at 9:40 AM.
13th Apr 26
Impact Rating: 8
Godawari Power & Ispat's subsidiary GNEPL has entered a significant 5-year supply agreement with China's EVE Power for Lithium Ferro Phosphate (LFP) cells. These are key raw materials for manufacturing the first phase of a 20 GWh Battery Energy Storage System (BESS), ensuring a stable supply chain.
8th Apr 26
Impact Rating: 5
Godawari Power & Ispat Limited has officially submitted its certificate under SEBI Regulation 74(5) to exchanges and depositories, detailing securities dematerialization activities for the quarter that concluded on March 31, 2026. The registrar confirmed these actions.